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The Jackson Sun from Jackson, Tennessee • 31
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The Jackson Sun from Jackson, Tennessee • 31

Publication:
The Jackson Suni
Location:
Jackson, Tennessee
Issue Date:
Page:
31
Extracted Article Text (OCR)

mCirkstS commodities money rates building permits The Jackson Sun, Jackson, Sunday, April 17, 1983 3D over the counter Ask U'M IS 2ft 1 It Bonanza (BNZM Coort (ACCOBI Gltno (GLXOY) Granitic Scan (GSCC) Intermedia (ITEM) Marion (MARNQ) 1 1V 11 Murray Guard Noland Co. (NOLO) 1 iw NEW YORK (AP) Money rates tor Friday as of 3: IS p.m., as reported by Tolerate Systems Inc. Prime Rate: tov OHcesmt Rate: IV Certificates of Deposit: 30-5 days. 1.25 404 day. I.3S 0-119 days, (.15 120-149 days, 1.40 150-179 days, 145 180-239 days, (.45 240-269 days, (.45 270-1 year, 1.50 Treasury (III rates: 1-montri as of Apr 12: 1 165 -month es of Apr 12: (.241 4-momttt sevlnts certificates, max rate: As of Apr 12 Thrifts: 9.000 Commercl banks: 1.791 A of Apr 5 Thrifts: 9.000 Commercl banks: (.955 Money -market fund: Merrill Lynch Ready Assets: 30-day average yield: (.21 Her art torn price trench this past week in maior commodity markets: Gold and silver were higher and copper was lower on the Commodity Exchange in New York.

Gold for delivery In April settled Friday at U37.40 a troy ounce, compared to 1411.70 the previous Friday; April silver settled at S12.80 a troy ounce, compared to HQ MS the previous Friday; and April copper settled at 72.eS cents a pound, compared to 71.80 cents. a Grain and soybeans war lower on the Chicago Board of Trade. Wheat for delivery in May settled Friday at I3.4i a bushel, compared to S3.6M a bushel the previous Friday; May corn was S3.10i a bushel, compared to May oats settled at si .43 a bushel, compared to Sl.evvi; and May soybeans settled at tt.23'4 a bushel, compared to M.48v. Livestock and meat prices were lower on the Chicago Mercantile Exchange. Live cattle for delivery in April settled Friday at 72.12 cents a pound compared to 73.37 cents a pound; April feeder cattle settled at 70.57 cents a pound, compared to 70 45 cents a pound; April live hogs were 47.15 cents a pound, compared to 49.70 cents; and May frozen pork bellies settled at 72.65 cents a pound, compared to 74.07 cents.

ftntair M1 Service March (SMCH) 3 Sftonav (SHOH) j. Tower Marc (TOWRS) 7 7 True Foot (TYSN) 301 301 Tennessee banks Ron Phillips, enclose carport at 192 Webber St, $1,000. Frank Lentz, reroof 49 Glen Eden Drive, $800. L.M. Boone, install bay window at 40 Rebel Road.

$1,000. Bill Barnett, partial roof at 232 Linden $990. V. A. Goodman Fence install fence at 315 Middle $457.

Norvel Hickman, build residence at 580 Chester Levee Road, $30,000. Alexander It Bell, roof and add room at 89 Rockwell Road, $14,500. Walter H. Jones, replace porch, 671 N. Hays $400.

Margie Eubank, add room at 66 Carroll $5,500. Catha Crossen, general repairs at 117 Talbot $500. Mary A. Isabel, add room at 74 Alpine Cove, $3,000. Bill McKnight Construction, enclose carport and drive at 111 Woodhaven Drive, partial roof at 769 Airways $4,000.

Lacona, C.T. Scan addition to Parkway Hospital, $121,286. Robert Murphy, repair bath at 120 Tomlin $400. Ross Mathews, enclose carport at 21 Norton Drive, reroof and repairs at 36 Coatsland Drive, $2,000. Blue Hawaiian Pools, install swim ming pool at 508 Division $10,000.

I Economy Siding apply siding at 195 Chester Levee Road, apply 1 siding at 189 Chester Levee Road, $1,600. Ronald Parchman, build residence at 23 Live Oak Place, $30,000. WUlard Collins Construction add-; lion to 31 Primrose Drive, $11,500. Building permits issued by' Madison County Building Commissioner Tom Fly noon April April 14: Clayton Mobile Homes, install trailer on Windy City Road. $14,000.

Dr. and Mrs. James Craig, build resi-' -dence on O'Kenna Drive, $80,000. Rickey House, brick remainder "of house at 3831 Henderson Road, $1,600. Gary Taylor Construction, build resi-' dence on Denmark Road, $47,000.

Billy Wyatt, move trailer on Wilde Road, $6,000. Jamie Jones, build residence on Odena Vista Drive, $75,000. Neal Perkins, build residence on Hughes Road, $25,000. Joe McCorkle Construction build residence on Ashport Road, $27,800. Clayton Mobile Homes, install trailer on Uptonville Road, $13,000.

WUlard Collins Construction build residence on Old Medina Road, $24,000. Building permits issued by Jackson building official Leonard Eliff noon April 7-noon April 14: Charles Nortncross, general repairs at 119 Dupree $1,000. Hayes It Son, partition office at 923 Campbell $1,800. Davis Matthews, general repairs at 127 Monroe $1,500. James Jones, reroof 63 Ayers Drive, $1,225.

Art Bain, add screened porch at 32 Ridgeoak Place, $6,000. Jackson Storm Window and Door, apply siding at 615 E. Chester $2,400. ABCO Roofing roof 607 Parkway, $1,440. Lynn McNatt, erect garage at 20 Wood Trust) Cove, $2,500.

Bullock Builders, erect garage at 29 Kemmons Drive, erect garage at 8 Lake Drive, $4,431. Surewell apply siding at 12 Wild-lef Cove, $2,000. Day It Johnson, remodel bath at 2900 N. Highland $2,900. Edward F.

Newman, build residence at 9 Georgetown $50,000. Sam Crone, build residence at 43 Addison Way, $30,000. Ronnie Johnson, general repairs at 536 E. Deaderick $10,000. Nathan Johnson, general repairs at 411 E.

Deaderick $1,000. Askes) II U'4 J1H 21 1M It nvi 33 Ht Am. Corp. (FATN) HI Tn. Natl.

(FTEN) TV Bancorp (COMU) Third National (TOAT) Union Planters (UPCM) Vol. Benksharet additional stocks government averages WASHINGTON (AP) Here are fleures on oovernment spending and debt (last six digits are omitted). The government's fiscal veer runs from Oct. 1 through Sept. 30.

Total public debt April 11 1,241,432 Interest on public debt Feb 9,251 Interest fiscal year thru Feb 52,759 Prelected deficit fiscal 1981 207,708 Actual deficit fiscal 1982 1 10,458 Receipts fiscal year thru Feb 213,345 Receipts period last year 244,299 Outlays fiscal year thru Feb 334.549 Outlays period last year 297,954 Gold assets thru Jan 11,144 La it 30 74V 19 24V 33 43H '4 14 23 40 4 41 32 37 30 44 2e 51 '4 15 30 26 Sales 44.S00 12,200 1.800 279.400 40.000 ,000 6,000 143,200 1,400 23,200 42,400 7,300 23400 24,700 121,300 ,400 7,100 4.200 0,400 3.900 32,400 4,700 NEW YORK (AP) The following gives the range of Dow Jones averages for the week ended Apr. IS STOCK AVERAGES Open Huh Low Close Che. Ind 1141.83 1171.34 1141.83 1171.34 44.43 Trans 506.91 529.94 506.91 529.9420.57 Utils 125 00 126.06 125.00 126.061. 75 65 Stks 448.75 462.03 448.75 462.0316.73 BOND AVERAGES 20 Bonds 74.68 75 58 74.68 75.581.01 Utils 74.06 75.16 74.06 75.161.19 Indus 75.31 76 00 75.31 76.000.83 COMMODITY FUTURES INDEX 145.18 146.56 144.84 146.562.42 Amer. Mtr.

Inn (INN) Brown Group (BG) CecoCorp. (CCP) Coleco Ind. (CLO) Comb. Int. (PMA) Conwood Corp (CWD) Facet Corp.

(FCT) Fed. Express (FDX) Florida Steel(FLS) Fueue Corp. (FQA) Genuine Parts (GPC) KetlwoodCo. (KWO) Lowe's (LOW) Melons. Hyde (MHI) Mary Kay Cos.

(MKY) Redman, Ind. (RE) Republic Air (RAI) RTC Transport (REF) Shaklee (SHC) Sterchl's (SBI) Super Valu (SVU) Trl Pacific (TPC) Tyler Corp (TYL) Fridays closings supplied Co. property transfers 24Vi 22,200 by J.C. Bradford ft what market did cotton Two This Prev Yar Yar Week Week ago ago Advances 1,588 899 1,139 944 Declines 420 1,053 749 918 Unchanged 172 228 230 229 Total issues 2,180 2,180 2,118 2,091 Newyrlyhghs 504 224 112 247 New yearly Iws 13 15 56 39 8th District, $12,500. Department of Housing and Urban Development to Robert Lynn Kelly, 6th Ward, $25,600.

John W. Sargent Jr. to Charlotte Wil-. son, 3rd Ward, $13,000. Fred L.

Bowyer Jr. and wife, Lina M. Bowyer, to J. Wood row Forbes and wife, Caryns, and David M. Evans and wife, Sylvia J.

Evans, 3rd District, $73,000. J.W. White to Lucinda White, 1st District, $2,000. Ronnie E. Fly and wife, Sybil Irene Fly, to Louis J.

Knox and Ed R. Ward, $40,000. June E. Fusner to George R. Fusner 4th Ward, $18,000.

Thomas Denton Llllard to Cecil McNatt, 10th District, $4,000. Cecil McNatt to Lucille Daniel, 10th District, $3,700. Hamilton Hills Development Co. to Gene Baskette and wife, Myrna Loy Baskette, 5th Ward, $12,000 5th Ward, $12,000. NEW YORK (AP) Cotton no.

2 futures on the N.Y. Cotton Exchange Friday: OtxMHIfhLowSettleCht. COTTON 1 M.0OS lbs.) cents ear lb. My 70.52 71.27 70.52 71.15 .48 Jul 71.50 72.15 71.44 72.03 .33 Oct 71.80 72.40 71.00 72.25 .45 Dec 71.81 72.29 71.81 72.15 Mar 73.15 73.49 73.12 73.45 .03 Est. sales 3,500.

Prev. sales 4,101. Prev day's open Int 33454, up 22. MEMPHIS (AP) Her are closing spot prices for mixed lots uncompressed in warehouses: Staple Grade Price Middling 1 -3J 43.90 MlddMng 1 45.95 Strict low mid 1 1-32 62.45 Strict low mid 1 1-14 44.45 Strict low mid It sp 1 1-14 59.50 stock indices Property transfers listed by Madison County Register Curtis White noon April 7-noon April 14: Larry Casey and F. Lloyd Tatum to Charles L.

Dyer and wife, Cindy C. Dyer, 10th District, $42,500. Leslie I. Jaco Jr. and wife, Pamela Thompson Jaco, to Leslie I.

Jaco and wife, Martha Jaco, 2nd Ward, $20,000. Eugene Starks to Pearlie Mae Borkin, Linda Marie Starks, Eugene Starks William Henry Starks, Willie James Starks, Ted Louis Starks, Carolyn Jean Maxwell, Johnny Lee Starks, Pauline Starks, Barry Joe Starks, Marguitt Virginia Starks and Oscar Lee Starks, 6th District, $5,700. Angie M. Holloway to Joe Evelyn Bingham, 1st District, $3,300. Leon Whitman, Frances Whitman, Ronnie Whitman, Michael D.

Whitman, Lawana Whitman, Lannie Joe Hutchison and Linda W. Hutchison to Robert Frank Turnage and Vivian Irene Turnage, Madison County 6th District and Crockett County 2nd District, $45,150. David R. Girard and wife, Susan R. Girard, to Danny R.

Hopson and wife, Brenda Kay Hopson, 3rd District, Haink Inc. to B. G. Hanna, 7th Ward, $10,850. James William Melton and wife, Carolyn Grisham Melton, to William H.

Gordon and wife, Monica L. Gordon, 10th District, $60,000. Robert Hamilton and wife, Donna G. Hamilton, to Gugh L. Spencer and wife, Deborah L.

Spencer, 6th Ward, $56,250. Marcus A. Murchison and wie, Helma Murchison, to Richard N. Roe and wife, Cindy Roe, 1st District, $45,000. William P.

Moss substitute trustee, to National Mortgage 7th Ward, $9,000. Theodore R. Morrow and wife, Mary Alice Morrow, to Claude J. Gentry and wife, Rosemary Gentry, 3rd Ward, Veterans Administration to Jimmy A. Newson and wife, Patricia J.

Newson, 9th District, $30,850. Larry Casey and F. Lloyd Tatum to S. E. Scott, 10th District, $16,000.

Bruce B. Haltom to Evelyn M. Robertson and Peggy D. Robertson, 3rd Ward, $20,600. Annette Jones to James A.

Pirtle Sr. and wife, Helen Louise Pirtle, 3rd Ward, $12,500. Teddy Ray Presson and wife, Sandra Kay Presson, to Michael J. Havener and wie, Judith Havener, 9th District, 100. Virgia Pritchard to Odell Hurst and wife, Alma Louise Hurst, 3th District, $4,000.

S. A. 'Graves and wife, Martha E. Graves, to Thomas D. Fuller and wife, lola H.

Fuller, 2nd Ward, $17,500. Charles E. Carter and wife, Christine Carter, to Tom Gardner and wife, Lidell Gardner, 4th District, $1,000. Mutual Development Corp. to William Joseph Hamilton and wife, Jo Ellen Hamilton, 6th Ward, $7,000.

Ross Frye and wife, Wilma Frye, to Anthony Frye, 1st District, $3,500. Joe G. Fisher and wife, Carnese B. Fisher, to John William Mount and wife, Geraldine R. Mount, 2nd Ward, $26,000.

East Chester Church of Christ to Cecil P. Earnest, 2nd Ward, $75,000. Chester Long and wife, Elma R. Long, to Gary Taylor and wife, Lisa Taylor, 2nd Ward, $18,900. First Tennessee Bank to Jerald Alan Insell and wife, Wanda Ruth Insell, 4th Ward, $47,500.

Mary E. Smith Cooper to Kenneth M. Matthews, 2nd Ward, $15,000. Lucretia Winston to Jerry E. Chism and wife, Beverly Chism, 10th District, $2,000.

Billy Wayne Sutton to Rebecca Terry, NEW YORK (AP) Weekly stock Indices: Dow Jones Industrials 1,171.3446.63 500 158.755.90 NYSE composite 91.183.31 Amex index 407.127.98 Slowed money-supply growth allays fears Use Jackson Sun Classifieds For Best Results Ray Tanner talks about the coming year going to be comfortable with this gradual slowing in money numbers in the last few weeks, which bodes well for interest rate declines, but not large ones," said W. Lee Hoskins, senior vice president and economist at Pittsburgh National Bank. After the figures were released at 4:15 p.m. EST Friday, credit-market interest rates inched down a few hundredths of a percentage point. The Fed said Ml, a measure of funds readily available for spending, rose $2.2 billion in the first week in April and climbed $6.6 billion in March.

Ml, including cash in circulation and deposits in checking-type deposits at banking institutions, rose 16 percent in March from February, compared with a 22 percent spurt between January and February. NEW YORK (AP) A slowing of the rapid growth of the nation's money supply has reduced fears of another leap in interest rates, analysts say. But prospects also appear also dim for a speedy decline in rates, something that would accelerate an economic recovery. "Interest rates will essentially move sideways," said David Jones, an economist at the government securities firm Aubrey G. Lanston Co.

The Federal Reserve Board reported Friday that during March, several measures of the money supply grew at a rate above the upper limits of its inflation-fighting targets. But the rate of growth slowed down from a February surge. Analysts said they expected even further moderation in money growth this month. "In the short run, the market is turndown or turnaround. "We're not out of the recession yet But the future looks brighter now than it has in years." nri IF A HEARING AID WILL HELP SEE US If you or in doubt, try our 30 day rental plan.

If you are happy with the aid, and desire to purchase it, your rental fee will apply to the purchase price. We have a full line of ZENITH aids, also OTICON (world's largest manufacfurer of hearing aids) and STARKEY CE (all in the ear) at prices you can afford. Ed Evelyn Moorman, certified by National Hearing Aid Society. Personally serving the Hearing Handicapped in West Taw. since 1956.

Wa repair all make hearing aids. Senior Citizens FREE Hearing Test. Free leaner service available. Discount We make house calls. f.lQOLU.lAH HEARING AID CENTER Rl 32 Tucker In Highland Pa behind finley'i Pharmacy Phone 423-4930 Simpson Cantor Office Wdg.

Free' Putting Call or Write for Home Appointment "The past three years have been marked by a common statement. You've heard it said on television. You've read it in the newspapers. You've heard politicians say it time and again. That statement is: 'We're looking for things to start getting better next Bankers, myself included, have said it more than once.

Now I truly feel the turnaround has come. Inflation, which was running better than 20 just a few years ago, is now steady at 4 or so. Nationally, housing starts are up 96 from last year. Granted, they have a long way to go before we reach the pre-recession levels but the trend is apparent. Housing's rebound will have a tremendous impact on construction employers, building materials suppliers, electricians, plumbers and real estate companies.

The car business is finally showing signs of recovery. Unfortunately, the massive losses suffered by America's automakers will never be recovered fully. And the cost in jobs lost will be a price we will have to pay for years. The strongest sign that a turnaround is at hand is the strength of small business. I am convinced that the real heroes of the past few years are the survivors those independent business people who modified their operations, controlled their costs and worked harder than ever to make their efforts successful.

Because of small businesses' determination, America and particularly Jackson and Madison County, will emerge stronger than ever. A strong commitment to free enterprise made it possible. And I am proud of the role Jackson National Bank has been able to play." We can save you up to 80 on stock brokerage commissions. No catch. You make the decisions.

We execute your orders. Clean. Fast. Professional. And because we need not supply you with research and consultation, we cut our commissions up to 80 on substantial orders.

Big trader or little, we'll save you money. Worth a postage stamp? Or a phone call? We'll give you the complete story. Minimum Commission: $35.00 Mev 1975. Accounts ijrrlcd bv our "Fixed commission rates wcfs eliminated be SfcC ruling. Qeerinf Broker ere protected to SZ.S million.

Send me the full story on discount stock commissions. Citv. State. Zip. 1 Jackson National Bank Member FDIC i li Miajm as i --I i ----ir-i i-i ifi.

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